Washington (CNN) - Senate Majority leader Harry Reid has scheduled a late afternoon vote Monday to move ahead with a Senate financial reform bill, but Republicans warn they are not prepared to launch debate on the measure.

Leading lawmakers from both parties making the rounds of Sunday political talk shows said a deal is close on a reform bill, but top-ranking Republican Sen. Mitch McConnell of Kentucky was among those saying he didn't expect debate to proceed on Monday.

"We don't have a bipartisan compromise yet," McConnell said on "FOX News Sunday." "But I think there's a good chance that we're going to get it."

soundoff(7 Responses)

Dutch/Bad Newz, VA

If not now, when?

April 26, 2010 08:23 am at 8:23 am |

Monrob

The Republicans will do what they do best, say no!

April 26, 2010 08:24 am at 8:24 am |

terry,va

Dodd said that he couldn't get everything in the bill this time such as Freddie and Fannie Mac. He continued, we will get it in the next wave. This is just like the excuse that Former DNC Chairman Dean and others said about the trial lawyers (tort reform) in the health care law. The health care system was not reformed. The financial system will not be reformed either unless Freddie and Fannie Mac are included. Both laws are/will be a government take over of the private sector. Welcome to the socialist states of Obummie.

April 26, 2010 08:42 am at 8:42 am |

Liz the First

Stalling again, gee. what a surprise! republican't s will be dragged kicking and screaming to vote yes on this bill because the political consequences of blocking it will be far worse than voting for it. they just can't help trying to screw it up as much as possible first. trying to get a compromise between Democrats and Republicans means trying to compromise between doing something and not doing it. that results in doing it in a half-assed way that doesn't really accomplish much. time to send the republican't party to the scrap heap of history and replace it with a party that actually wants to accomplish good things FOR the American people instead of constantly screwing them six ways to Sunday in their attempt to protect and enrich themselves and their rich corporation benefactors.

April 26, 2010 08:52 am at 8:52 am |

guy in nm

Look at them, they are about to become bi partisan and stick it to us again by letting wall street and the banksters get away with financial murder again.

April 26, 2010 08:55 am at 8:55 am |

Ken in NC

You have to love Republicans. After the rape of our economy that was caused by WALL STREET GREED, Rpeublicans agree that reform is necessary and it is needed now, except just not yet. It has been a year since our economy went south and people have been working on reform for the better part of that year.

Can you imagine what we could have gotten away with as kids if our parents made decisions at the pace and in the manner of our Congerss? It's a good thing Congress does not have to pass a bill instructing farmers when to close the barn door to prevent their animals from making an escape.

April 26, 2010 08:59 am at 8:59 am |

Pedro

Big shocker, the party of no keeps playing the same tune. how much more irresponsible can the GOP get?